Bond IBRD-Global 0% ( US459058CA96 ) in USD

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	US459058CA96 ( in USD )
Interest rate	0%
Maturity	31/12/2099
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Minimal amount	/
Total amount	20 000 000 USD
Detailed description	The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans and advice to middle-income and creditworthy low-income countries for development projects. A specific fixed-income instrument, identified by its ISIN US459058CA96, is currently observed in the market. This bond is issued by the International Bank for Reconstruction and Development (IBRD), a prominent member of the World Bank Group. The IBRD serves as a vital global development institution, providing financial products and policy advice to help countries reduce poverty and extend the benefits of sustainable growth to all their people, typically focusing on middle-income and creditworthy poorer countries. Originating from the United States, this security is denominated in United States Dollars (USD) and is presently trading at 100% of its face value, indicating it is at par on the market. A key characteristic of this bond is its zero-coupon nature, featuring a 0% interest rate, which implies no scheduled periodic interest payments are made over its lifetime. The total size of this issuance amounts to $20,000,000, and it carries an exceptionally long maturity date of December 31, 2099.